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Bausch + Lomb Acquires Option to License New Compound to Treat Dry Eye Syndrome (DES)
Date:7/18/2013

critical role in the protection and overall health of the ocular surface. Mucins are essential for lubrication; the removal of allergens, pathogens, and debris; and corneal epithelial healing to reduce ocular surface damage.  In addition, MIM-D3 may have additional benefits than currently available dry eye therapies including the potential to improve neural function, which may improve corneal sensitivity and integrity.7  

Phase 2 study results for MIM-D3 demonstrated that the use of MIM-D3, dosed twice a day, results in consistent improvements across multiple dry eye signs and symptoms with no safety or tolerability issues.  A Phase 3 study is scheduled to begin before the end of 2013, which will be conducted by Ora, Inc.

"Bausch + Lomb is committed to delivering effective ophthalmic therapeutic solutions for eye care professionals and their patients, and dry eye represents a significant unmet need," said Cal Roberts, M.D., chief medical officer, Bausch + Lomb. "Given the promising results of the Phase 2 studies, we are excited about the potential  of giving eye care professionals a new choice for treating one of the most common and bothersome eye conditions."

If approved, the new technology would dramatically expand Bausch + Lomb's ability to compete in a $2.5 billion global dry eye market growing at 10 percent annually,8 while creating an opportunity to explore expanded ophthalmic applications.

"Bausch + Lomb and Mimetogen share a commitment to developing new and effective therapies that address unmet medical needs," said Garth Cumberlidge, Ph.D., president and chief executive officer, Mimetogen Pharmaceuticals. "We are thrilled to be working with such a respected partner as Bausch + Lomb. The company's commitment to innovation, expertise and resources, combined with its global reach and powerful
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SOURCE Bausch + Lomb
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